Getting your first business loan DMV

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Event Details

This is a showcase of small business lenders in the DC area. All business owners (or those who are about to startup) are invited to come. The event features DC-area community development financial institutions (CDFI), which are non-profits that the US Government supports through SBA funding to help finance people and businesses that banks may deny, due to their policies.

You will find this event useful if:

Your business is less than two years old

Your personal credit is less than perfect

You need a loan of $250,000 or below

You have a large project, and are seeking additional funding to finance it fully

You have approached traditional banks and they have told you "no", but you believe in your business and can make a financial case for the loan

CDFIs who will present include: NCRC Women’s Business Center, Latino Economic Development Center, Life Assets, WACIF, and ECDC. The event is done in partnership with the Small Business Administration.

At this event you will:

Have a chance to think like an investor, playing the part of a family philanthropic officer, startup small business entrepreneurs will pitch to YOU.

Be introduced to five community lenders and the SBA

Be able to meet with lenders one on one to make your plans for business financing.

Walk out of the event with an action plan for the next steps for your business.

If you will participate in the one on one consultations, please prepare your basic business plan, by answering the following questions:

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